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LARRY KUDLOW: Trump’s drill, baby, drill is paying off
Fox Business· 2025-12-17 08:41
A lot of numbers came out today, as the government gears up after the shutdown. One of the biggest themes in the jobs report for October and November was the continued restructuring of the economy, where Joe Biden’s big government socialism is coming to an end. And President Trump’s re-privatization continues ahead. So far this year, federal jobs have fallen by roughly 270,000, while private jobs have increased nearly 700,000. Also related to Trump policies, native-born jobs are up some 2.7 million. While f ...
Holiday shipping deadlines: Key FedEx, UPS and USPS dates you need to know
Fox Business· 2025-12-17 04:11
While Christmas is nearly a week away, there is still time to get packages shipped to arrive on time before the holiday. However, those shipping deadlines are rapidly approaching.  Each year, the major package delivery carriers post the deadlines that a package or mail needs to be shipped out to arrive by Christmas Eve. The deadlines vary depending on the specific shipping method.   With the deluge of packages expected during the holidays, UPS tried to encourage shoppers in September to shop and ship packag ...
iRobot co-founder says FTC's opposition to Amazon deal was 'wrong-minded' following bankruptcy filing
Fox Business· 2025-12-17 03:41
iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday and is pursuing a buyout from its primary manufacturer in China after the company's acquisition by Amazon was blocked over a year ago on antitrust grounds. iRobot first raised concerns about its ability to remain in business in March and filed for Chapter 11 bankruptcy protection in a Delaware bankruptcy court on Sunday as it faces competition from lower-priced rivals and new U.S. tariffs. It now plans to go private af ...
Ford cuts electric F-150 Lightning production, takes $19.5B charge in strategic shift
Fox Business· 2025-12-17 03:40
Ford CEO Jim Farley announced the company is cutting production of the electric F-150 Lightning and refocusing its investment on hybrid vehicles and affordable EVs. The Detroit automaker announced the move on Monday and explained it will take a $19.5 billion charge on its EV assets and product roadmap. The change will bring about roughly $5.5 billion in cash effects with the majority paid in 2026 and the remainder in 2027.Farley appeared on FOX Business Network's "Kudlow" and said the move will allow Ford t ...
This fast-growing chain says ‘no discounts' – and it's paying off
Fox Business· 2025-12-17 01:16
Cava sets itself apart from rivals with a unique strategy: No discounts. The Mediterranean chain, which has launched hundreds of locations nationwide since its founding nearly a decade ago, is sticking to this strategy, maintaining that it doesn’t need discounts to generate short-term traffic.Co-founder and CEO Brett Schulman told FOX Business that companies can get into a "short-term trap" of throwing discounts to drive transaction growth in the short term. Public companies, he said, feel pressure from the ...
Scott Bessent says real affordability relief, 'substantial drop' in inflation coming soon
Fox Business· 2025-12-17 00:05
Cautioning that families are still feeling the sting of Biden-era inflation, U.S. Treasury Secretary Scott Bessent indicated that Americans can expect real affordability relief soon while forecasting meaningful progress on everyday prices, wages and housing as he touted an economy poised for a "bountiful" 2026. "We should think that 2025 was setting the table. 2026 is going to be a bountiful year — if the Democrats don't shut down the government," Bessent said in an exclusive interview on "Mornings with Mar ...
Kraft Heinz names new CEO ahead of major split
Fox Business· 2025-12-17 00:05
公司战略与领导层变动 - 卡夫亨氏宣布前Kellanova首席执行官史蒂夫·卡希兰将于明年1月1日接任公司首席执行官,现任首席执行官卡洛斯·艾布拉姆斯-里维拉将担任顾问至3月以确保领导层平稳过渡 [1] - 公司计划在2026年下半年通过免税分拆,将自身拆分为两家独立的上市公司,旨在创建两个更专注、更精简的组织,以最大化品牌价值并提升盈利能力 [4] - 分拆后,史蒂夫·卡希兰将领导名为“全球风味提升”的公司,旗下品牌包括亨氏、Philadelphia和Kraft Mac & Cheese [2] 业务分拆细节 - 分拆出的另一家公司名为“北美杂货”,将管理包括Oscar Mayer、Kraft Singles和Lunchables在内的杂货主食品牌组合 [5] - 两家新公司的正式名称尚未确定,且“北美杂货”业务的负责人也尚未宣布 [5] - 首席执行官史蒂夫·卡希兰表示,计划中的分拆将加速公司在当前环境下的竞争和获胜能力,并释放巨大的发展机遇 [7] 新任首席执行官背景 - 史蒂夫·卡希兰曾成功领导家乐氏公司分拆其北美谷物业务并推出Kellanova,家乐氏在被玛氏公司于2025年12月收购后更名为Kellanova [9] - 在Kellanova任职期间,史蒂夫·卡希兰负责公司全球品牌组合的扩张,包括品客、Cheez-It、Pop-Tarts和家乐氏国际业务 [9] - 在加入Kellanova之前,史蒂夫·卡希兰曾在The Nature's Bounty Co.、可口可乐和百威英博担任高级管理职务 [10] 公司股价与法律事件 - 卡夫亨氏公司股票代码为KHC,最新股价为24.50美元,上涨0.05美元,涨幅0.20% [9] - 联邦陪审团在一起重大价格操纵共谋案后,判决向卡夫及其他供应商赔偿1770万美元 [4]
Bessent says Supreme Court tariff ruling, Fed chair pick expected in January
Fox Business· 2025-12-16 23:11
Treasury Secretary Scott Bessent said Tuesday that two major decisions – the Supreme Court ruling on tariffs and the selection of a new Federal Reserve chair – will come in January. Bessent told FOX Business Network's Maria Bartiromo that while the administration has "plenty of revenue alternatives," he would like to see the Supreme Court rule in favor of President Donald Trump's trade policy."Economic security is national security. So this ruling is really a national security ruling and if they rule agains ...
US added 64K jobs in November after losing 105K in October, delayed report shows
Fox Business· 2025-12-16 22:06
The U.S. economy added jobs in November as economic uncertainty continued to dampen activity in the labor market. The Labor Department on Tuesday reported that employers added 64,000 jobs in November, a figure that was above the 50,000 estimate of economists polled by LSEG.The unemployment rate ticked higher to 4.6% for November, which was higher than the 4.4% rate expected by economists. Job gains in the two prior months in which the employment report was released were both revised down. Employment in Augu ...
Trump again says he is considering reclassifying marijuana as less dangerous drug
Fox Business· 2025-12-16 10:55
President Donald Trump on Monday reiterated that he is weighing whether to reclassify marijuana as a less dangerous drug, a statement that mirrors similar comments he made earlier this year and during his 2024 presidential campaign. Speaking to reporters in the Oval Office, the president said he was considering an executive order to reclassify marijuana as a Schedule III drug."We are considering that. A lot of people want to see it, the reclassification, because it leads to tremendous amounts of research th ...